Financial Risk Management for Energy Service Project under the Tokyo Emission Trading System

被引:0
|
作者
Yoshioka, Tsuyoshi [1 ]
Furukawa, Michinobu [2 ]
Yoshizaki, Koji [2 ]
Matsuhashi, Ryuji [1 ]
Yoshida, Yoshikuni [1 ]
机构
[1] Univ Tokyo, Inst Environm Studies, Grad Sch Frontier Sci, Bunkyo Ku, Tokyo 1138656, Japan
[2] Tokyo Gas Co Ltd, Fundamental Technol Dept, Kanagawa 2300045, Japan
关键词
Cogeneration; Energy Service; Risk Management; Financial Engineering;
D O I
10.1016/j.proenv.2010.10.113
中图分类号
Q14 [生态学(生物生态学)];
学科分类号
071012 ; 0713 ;
摘要
Recently, energy service providers ( ESP) have increased due to deregulation in the power market. They install energy supply equipment at their own cost and supply the necessary energy to the client. The Tokyo Metropolitan Government started Asia's first cap-and-trade program in April 2010. This program caps energy-related carbon dioxide emissions from some 1,330 offices and factories in Tokyo. Then, ESPs have to manage the many risks of energy service project directly linked to the profits. In this paper, describes the risk analysis and investment optimization for energy service projects using financial engineering. (C) 2009 Published by Elsevier Ltd
引用
下载
收藏
页码:1012 / 1021
页数:10
相关论文
共 50 条
  • [1] Financial risk management for energy service project under the Tokyo emission trading system
    Yoshioka, Tsuyoshi
    Furukawa, Michinobu
    Yoshizaki, Koji
    Matsuhashi, Ryuji
    Yoshida, Yoshikuni
    STOCHASTIC ENVIRONMENTAL RESEARCH AND RISK ASSESSMENT, 2011, 25 (05) : 677 - 683
  • [2] Financial risk management for energy service project under the Tokyo emission trading system
    Tsuyoshi Yoshioka
    Michinobu Furukawa
    Koji Yoshizaki
    Ryuji Matsuhashi
    Yoshikuni Yoshida
    Stochastic Environmental Research and Risk Assessment, 2011, 25 : 677 - 683
  • [3] Risk Management in the System of Financial Stability of the Service Enterprise
    Drobyazko, Svetlana
    Barwinska-Malajowicz, Anna
    Slusarczyk, Boguslaw
    Chubukova, Olga
    Bielialov, Taliat
    JOURNAL OF RISK AND FINANCIAL MANAGEMENT, 2020, 13 (12)
  • [4] Auditors' Carbon Risk Consideration under the EU Emission Trading System
    Keller, Isabell
    Eierle, Brigitte
    Hartlieb, Sven
    ACCOUNTING IN EUROPE, 2024, 21 (01) : 14 - 43
  • [5] Analysis of Energy Intensive Enterprises under EU Emission Trading System in Latvia
    Zahare, Dace
    Rosa, Marika
    ENVIRONMENTAL AND CLIMATE TECHNOLOGIES, 2011, 7 (01) : 125 - 132
  • [6] Carbon management accounting and financial performance: Evidence from the European Union emission trading system
    Naranjo Tuesta, Yenny
    Crespo Soler, Cristina
    Ripoll Feliu, Vicente
    BUSINESS STRATEGY AND THE ENVIRONMENT, 2021, 30 (02) : 1270 - 1282
  • [7] Information Risk Management in Financial Service
    He Zhitao
    Xie Anshi
    Yu Bo
    PROCEEDINGS OF THE 2ND INTERNATIONAL CONFERENCE ON RISK MANAGEMENT & ENGINEERING MANAGEMENT, VOLS 1 AND 2, 2008, : 127 - 130
  • [8] Information Risk Management in Financial Service
    Xie Anshi
    Dingyan
    Shangwei
    2008 5TH INTERNATIONAL CONFERENCE ON SERVICE SYSTEMS AND SERVICE MANAGEMENT, VOLS 1 AND 2, 2008, : 271 - +
  • [9] Energy Trading & Investing: Trading, Risk Management and Structuring Deals in Energy Markets
    Conn, David R.
    LIBRARY JOURNAL, 2017, 142 (02) : 34 - 34
  • [10] IOT FINANCIAL MANAGEMENT SYSTEM FOR ENERGY ENTERPRISE MANAGEMENT RISK AND PREVENTION AND CONTROL STRATEGY UNDER THE BACKGROUND OF DOUBLE CARBON
    Cui, Rui
    3C EMPRESA, 2023, 12 (02): : 144 - 159